Short Interest in Fidelity Hedged Equity ETF (BATS:FHEQ) Grows By 54.6%

Fidelity Hedged Equity ETF (BATS:FHEQGet Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 81,637 shares, an increase of 54.6% from the July 30th total of 52,796 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 58,864 shares, the days-to-cover ratio is presently 1.4 days.

Fidelity Hedged Equity ETF Stock Performance

BATS:FHEQ opened at $34.01 on Thursday. The stock has a market capitalization of $608.78 million, a P/E ratio of 23.95 and a beta of 0.87. The company has a 50 day moving average price of $33.60 and a 200 day moving average price of $32.26. Fidelity Hedged Equity ETF has a fifty-two week low of $28.84 and a fifty-two week high of $34.60.

About Fidelity Hedged Equity ETF

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The Fidelity Hedged Equity ETF (FHEQ) is an exchange-traded fund that trades on the BATS exchange in the United States.

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